investment spending as a VAR. Based on a panel of financial statement data for 6,408 German firms (44,345 datapoints … substantive conclusions, this paper demonstrate that the panel VAR approach is useful for modeling firm dynamics and real … Ergebnissen zeigt das Papier, dass der Panel VAR-Ansatz für die Modellierung der unternehmerischen Dynamik, der Interaktion von …

degrees, the dependence that might prevail across the different units in the panel. In the analysis of cointegration the …

Panel unit root tests of real exchange rates - as opposed to univariate tests - usually reject non-stationarity. These … correlation matrix affect the size of first and second generation panel unit root tests. Two components of the real exchange rate …, the real exchange rate of a single good and a weighted sum of relative prices, are constructed from the data for a panel …

This paper gives a brief survey of forecasting with panel data. Starting with a simple error component regression and … applications, running horse races between heterogeneous and homogeneous panel data models using out of sample forecasts. …

models in a panel data context with partially unobserved targets and endogenous, time-varying persistence. In this setup, the …

using a balanced panel dataset on German firms that covers 35 years (1971-2005) and about 1,500 firms per year. In contrast …

static panel models. Thirdly, via scatter diagrams of cross section specific estimates we observe a different time evolution …

In panel data econometrics the Hausman test is of central importance to select an e?cient estimator of the models … not be met by empirical data. We propose a bootstrap approach to specification testing in panel data models which is …